For those watching the oil trade,

USO has positive divergences from 1 min to an hourly chart. UUP is in a bear-pennant-ish pattern with a descending triangle-continuation pattern and it would presumably be continuing the early morning drop as it formed right after that. The drop in the dollar will also be helpful for a market bounce and the TRIn is now at 1.88 with an intraday spike past 8